Amid soaring prices of pulses, Sebi Chairman U K Sinha today said the regulator is closely working with the government and is looking if the traders raided for hoarding have any connection with the commodity markets.

Bombay Stock Exchange have ought an approval from the Securities and Exchange Board of India for starting a separate commodities trading segment on its platform. Earlier the exchange had plans to start a separate commodities bourse.

Marking the first ever merger of two regulators, Forward Markets Commission on Monday merged with securities market watchdog Sebi that will help strengthen as well as streamline regulatory framework to curb manipulations in the commodities derivatives segment.

Taking charge of regulating the commodities derivatives market, Sebi Chairman U K Sinha on Monday said it would look at allowing foreign portfolio investors and banks in this market in next few months.

As its regulatory ambit widened with FMC's merger, capital markets watchdog Sebi on Monday said it will put in place a new mechanism for entities desiring to operate in both equities and commodities segments.

In the first ever merger of two regulators, over 60-year-old FMC (Forward Markets Commission) on Monday merged with the younger but much bigger capital markets watchdog SEBI to create a unified regulatory body.

In the first ever merger of two regulators, over 60-year-old FMC (Forward Markets Commission) will merge tomorrow with the younger but much bigger capital markets watchdog SEBI to create a unified regulatory body.

Setting September 28 as the date for merger of Forward Markets Commission (FMC) with itself, SEBI Monday announced new norms for commodities derivatives market under which exchanges and brokers in this segment will need to comply with rules applicable to their stock market peers.

The turnover of commodity bourses rose by 17 percent to Rs 5.43 lakh crore in April of 2015-16 fiscal as compared to Rs 4.64 lakh crore in the year-ago period, according to the Forward Markets Commission (FMC).